Hi all
Halving year is finally here and we all are looking for the massive crypto boom ahead followed by this 3-4 months consolidation
Lets talk about Decentralized Physical Infrastructure Networks aka DePin
Buisness need heavy infrastructure to grow which is massive expensive and very difficult to execute. How about leveraging source of internet and build your infrastructure on internet and massively leverage the powers from the internet formed infrastructure which is equivalent to infrastructure formed on grounds.
Lets talk an Real life example :
Have you heard about Amazon Web Services ( AWS ), it is one of the largest cloud services in the world. What aws is doing, same if google or Microsoft does in a physical infrasture, it would have costed them billions of dollars to make it a reality for what aws is doing.
Now lets talk about top depin projects you look to invest in 2024 which are Listed on Binance:
1) Render Token ( RNDR )
Render token stands first in my list and as a gem to look out to add up in the portfolio. Rndr stands out expectional as in AIxDepinxRwa category having its charm. It is also recently added up in grayscale fund which bags a institutional bid
2) IO.net
Newly launched token this year which was very well advised from me to participate and claim in binance launchpool itself. I believe its fair price is around 4$ which is 2.xx now so I consider massively undervalued here as price goes. This coin also fits into AixDepin and would go sky highs in bull run.
3) Fil coin
Filcoin currently stands top at marketcap in depins list. It is made to share information and data’s and store and instituions have already started using it. This project still stands out as gem even in 2024 as by real adoption. This coin is very old, came from 2017 ico by raising $205M and still having its charm. Developers claim it fills the need of insufficient data storage in real world.
Rest On others
4) Arweave
Arweave is a decentralized storage network that seeks to offer a platform for the indefinite storage of data. Describing itself as "a collectively owned hard drive that never forgets," the network primarily hosts "the permaweb" — a permanent, decentralized web with a number of community-driven applications and platforms. We can say arweave is a new generation fil coin. The project was first announced as Archain in August 2017, later rebranding to Arweave in February 2018 and officially launching in June 2018.
5) Akash Network
Akash Network is a Supercloud spearheading a paradigm shift in cloud computing, disrupting conventional cloud services, and pioneering a revolution in access to essential cloud resources. Leveraging the power of blockchain technology, Akash Network has developed an open-source, decentralized, marketplace for cloud computing, offering an unprecedented level of speed, efficiency, and affordability. This innovation is set to transform the way users perceive and utilize cloud services.
6) Livepeer
Launched in 2017, Livepeer is the first live video streaming network protocol that is fully decentralized. The platform aims to become a viable blockchain-based, economically efficient alternative to centralized broadcasting solutions for all new and existing broadcaster companies. You might have heard it of it less, but instituions are grabbing it up massively in this bull run.
Not so many coins but the best of quality ones are here. If you tell me to choose 2 of the best of this 6, I would go with rndr and io as they are set to become in top 20 marketcap in this bull run late stages.
I believe apart from investing, we can make a lot use case in using this projects apart from investing as this projects do make our life real easier and have max unrealised potential
I am using Binance
Do Join Now : Binance
Hope the article was a insightful content for you, meet you at the next.
